Stock Update on Alaska Communications Systems Group Inc. (NASDAQ:ALSK)

Traders who take positions in Penny Stocks are sure to check in on  Alaska Communications Systems Group Inc. ( NASDAQ:ALSK), as the stock has found its way onto the most active list today, moving -1.18% and reaching $1.67 on a recent trade.

Though it’s shown well today, how has Alaska Communications Systems Group Inc. ( NASDAQ:ALSK) been performing recently?  Let’s take a look.  Over the past twelve months, Alaska Communications Systems Group Inc.’s stock was -3.43%.  Over the last seven days, it was 0.60%, -6.63% over the last three months, and  15.75% for the past six months.  

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Over the past 50 days, Alaska Communications Systems Group Inc. stock was -9.23% off of the high and 1.84% removed from the low.  Their 52-Week High and Low are noted here.  -32.93% (High), 28.47%, (Low).

Alaska Communications Systems Group Inc.’s performance this year to date is -3.43%.  The stock has performed 0.60% over the last seven days, -0.59% over the last thirty, and -6.63% over the last three months.  Over the last six months, Alaska Communications Systems Group Inc.’s stock has been 15.75% and -18.75% for the year.

The simple moving average is the most common method used to calculate the moving average of prices.  It takes the sum of all of the past closing prices over a specific time period and divides the result by the number of prices used in the calculation.  Increasing the number of time periods in the calculation is an effective way to ascertain the strength of the long-term trend and/or the likelihood that it might reverse.  Some argue that this type of average is not necessarily useful because each data point in the series has the exact same impact on the result no matter where it occurs in the sequence.  Alaska Communications Systems Group Inc. (NASDAQ:ALSK)’s 20-Day Simple Moving Average is -0.53%.  Extending back, their 50-Day Simple Moving Average is -1.59%, looking even further back, their 200-Day Simple Moving Average stands at -6.03%. 

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Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.

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